Property taxes paid on a property depend on the assessesed value of the property. Usually a city or county tax assessor will set this this figure. A millage rate is set depending on the county of city. Millage rate is the dollars of tax paid per $1,000 property value. Mills are the number of dollars per $1,000 of assessed value paid to the city or county. Fifty mills equals $50 of tax paid per $1,000 of value. Before the Internet, all of this information was available at the local tax assessor's office. The Internet has brought this information into easier reach. Tax assessors now offer most of this information online. Previous property tax figures are public information allowing homebuyers to gauge what they should expect to pay in taxes.
Click below to view external sites. Note: Government sites pertain to Gainesville, Fl.